Shorted 5000 Ethereum at the low of 3/12, short position opened at 1917, just cut my losses!
I’m laughing so hard, doesn’t it look like you guys, waiting for 1500!
He borrowed 5000 ETH from Aave by collateralizing USDT when ETH dropped to $1917 on 3/12, then ETH continued to fluctuate and rose by 5%. Finally, he chose to cut his losses four hours ago during the market rebound, buying back all ETH at $2015 and repaying, with a loss of $489,000.
I’m laughing so hard, doesn’t it look like you guys, waiting for 1500!
He borrowed 5000 ETH from Aave by collateralizing USDT when ETH dropped to $1917 on 3/12, then ETH continued to fluctuate and rose by 5%. Finally, he chose to cut his losses four hours ago during the market rebound, buying back all ETH at $2015 and repaying, with a loss of $489,000.